What is the original statement?
Answer:
The correct answer is: oligopoly.
Explanation:
A market structure where there are only a few firms is called an oligopoly market. These firms can be producing either identical products or differentiated products.
Because of few firms, there is a high degree of competition in the market. The firms are price makers and face a downward sloping curve.
There is interdependence in the market such that the economic decisions of a firm affects the price, profits and output level of its rivals. So the firms have to consider the reaction of its rivals before making an economic decision.
A service plate or a charger plate.
To calculate the present value. she should use the DISCOUNTING METHOD.
The discounting method is a valuation technique that is used to calculate the value of an investment opportunity. The method uses cash flow projections that does not take the future into consideration and discount them to get the present value estimates.
